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Economic Pulse

Economic Pulse

March 2021

The Bank of Ireland Economic Pulse came in at 73.7 in March 2021. The index, which combines the results of the Consumer and Business Pulses, was up 5.0 on last month and 3.2 higher than a year ago.

The mood among households and firms brightened this month even as public health measures were extended again. The prospect of a cautious easing of Level 5 restrictions from early April onwards and widespread vaccination by the autumn – in line with the Government’s recently published ‘Path Ahead’ – looks to have softened the blow, with a pick-up in economic and commercial activity anticipated as the year progresses.

Economic Pulse

March 2021

KEY POINTS

  • Economic Pulse rises in March
  • 13 month high for the series
  • Re-opening hopes offset lockdown drag

Economic Pulse

March 2021

Economic Pulse

March 2021

73.7

+5.0 on previous index reading

Economic Pulse

March 2021

“The Economic Pulse tracked higher this month and has now recovered three quarters of its COVID-related losses.”

Dr Loretta O’Sullivan
Group Chief Economist
Bank of Ireland

Economic Pulse

March 2021

Pulse Trends

 

 

Economic Pulse

March 2021

Making the economic Pulse